Regulated

Score

0123456789.01234567890123456789
/10

BINANCE US

United States

|

5-10 years

Digital Currency License|

MTL License|

Singapore Company Registration Revoked|

United States MSB License Revoked|

Suspicious Overrun|

High potential risk

Subsidiary BINANCE

https://www.binance.us/en

Website

Yesterday Vol
7 Days
Rating Index
Influence

Influence

AAA

Influence Index NO.1

Russia 8.47

Better than 99.99% exchange(s)

Biz Area

Search Statistics

Advertising

Social Media Index

The WikiBit Score of this exchange is lowered because of too many unresolved complaints!
Influence
AAA

Licenses

FSA

FSARegulated

Digital Currency License

NMLS

NMLSRegulated

MTL License

DFI

DFIRegulated

Digital Currency License

MAS

MASRevoked

Company Registration

FinCEN

FinCENRevoked

MSB License

Exchange Info

More
Company Name
BINANCE US
Phone of the company
--
Company website
More
Customer Service Email Address
--

WikiBit Risk Alerts

6
Previous Detection 2024-10-14

The number of the negative comments received by WikiBit have reached 65 for this Exchange in the past 3 months, please be aware of the risk and the potential scam!

The number of this Exchange's nagitive field survey reviews has reached 3, please be aware of the risk and the potential scam!

SingaporeMAS (License No.: 201811768M) The regulatory status is abnormal, the official regulatory status is Revoked, please be aware of the risk!

Website

Genealogy

Social Media

Trade Type

Keywords

Time Machine

White Paper

Related Software

Github

Related Docs

All Corps

New Arrival

Vol Stat

Influence

Yesterday Vol

7 Days

$ 1.751m

$ 1.751m

36.08%

$ 479,883

$ 479,883

9.88%

$ 396,442

$ 396,442

8.16%

$ 371,995

$ 371,995

7.66%

$ 154,598

$ 154,598

3.18%

$ 152,587

$ 152,587

3.14%

$ 130,942

$ 130,942

2.69%

$ 113,687

$ 113,687

2.34%

$ 99,794

$ 99,794

2.05%

$ 97,608

$ 97,608

2.01%

$ 94,630

$ 94,630

1.94%

$ 75,022

$ 75,022

1.54%

$ 66,471

$ 66,471

1.36%

$ 52,854

$ 52,854

1.08%

User Reviews

More

15 ratings

Participate in evaluation
Nsikako
very easy to use, and its trusted
2023-10-28 02:22
10
FX1622664298
Binance US is top-dollar for security and support, but dang do those trading fees curl my toes every time!
2024-04-04 15:22
5
Mrcool
Still the best crypto trading platform. Even with recent scandals and a lot of fud i still believe that binance still the best platform for crypto trading with many features that will help new user to navigates and learn about trading
2023-12-05 14:39
6
Mrcool
it's Still the best crypto trading platform. Even with recent scandals and a lot of fud i still believe that binance still the best platform for crypto trading with many features that will help new user to navigates and learn about trading
2023-12-05 14:38
9
Mrcool
this campaign is Still the best crypto trading platform. Even with recent scandals and a lot of fud i still believe that binance still the best platform for crypto trading with many features that will help new user to navigates and learn about trading.
2023-12-05 14:34
4
Ahmed adamu
Binance is the largest cryptocurrency exchange by daily trading volume in the world. It experienced
2023-12-03 23:52
6
Yearzeed
BINANCE I did not encounter any problems with this application. Withdrawal and deposit are very easy, trading is very, very easy, and there are many digital currencies that can be stored easily and safely.
2023-12-04 05:22
9
Tess9416
The best cryptocurrency to ever work with since I joined the industry.
2023-11-24 05:26
8
Jjabba
Binance is an global exchange that’s use has an excellent suite of product.
2023-11-24 05:26
8
anu811
It is very good quality. This currency is most important. This is important for transactions.
2023-11-22 20:42
6
Chibest
Binance Us is a strong exchange that is easy to use and has an excellent suite for products and services. Not only is its self website intuitive, it's mobile app is also among the best in the industry. It offers more than 150 crypto currencies, meaning investors are unlikely to be left wanting for choice.
2023-10-24 20:58
2
Chibest
Binance US is a strong exchange that is easy to use and has an excellent suite for products.
2023-10-23 22:53
2
Matriks
Binance is a large and popular cryptocurrency exchange with many features, but always be mindful of changes in regulations and policies.
2023-09-07 00:12
5
princeaddison23
It reliable
2023-09-10 05:52
8
BIT6767690512jack07
i never expecting btc was aggressive to higher and higher again...
2023-04-12 00:14
2
Aspect Information
Company Name Binance.US
Registered Country/Area United States
Founded Year 2019
Regulation Regulated by the NMLS
Cryptocurrencies Available Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), Litecoin (LTC), Bitcoin Cash (BCH), and more
Trading Fees Tiered structure with 0% fees on Tier 0 pairs and low fees on other pairs. Dynamically calculated based on 30-day trading volume
Payment Method Bank transfers, ACH, wire transfer, debit card, and cryptocurrency
Customer Support Twitter(https://www.twitter.com/binanceus) and Facebook(https://www.facebook.com/BinanceUS/).

Overview of BINANCE US

Binance.US, founded in 2019 in the United States, is a leading cryptocurrency exchange providing a diverse range of crypto assets, including Bitcoin, Ethereum, Ripple, Litecoin, and Bitcoin Cash. Boasting a comprehensive suite of trading services, from spot trading to staking and an NFT marketplace, Binance.US offers a user-friendly interface and low fees based on a tiered structure. With 24/7 customer support and a commitment to regulatory compliance, it has become a go-to platform for crypto enthusiasts. Its advantages lie in extensive educational resources and a wide array of supported cryptocurrencies, reinforcing its status as a prominent and regulated exchange.

Overview of BINANCE US

Pros and cons

Pros Cons
Wide range of cryptocurrencies offered Maximum leverage not specified
Extensive educational resources Limited payment options
Registered with FinCEN for regulatory compliance
24/7 customer support

Pros:

  • Wide Range of Cryptocurrencies Offered:

    • Binance.US provides access to a diverse selection of cryptocurrencies, including popular ones like Bitcoin, Ethereum, Ripple, Litecoin, and Bitcoin Cash. This extensive range allows users various options for trading and investment.

    • 2. Extensive Educational Resources:

      • The platform offers comprehensive educational materials, including articles, videos, and tutorials. This valuable resource is beneficial for beginners, providing insights into market dynamics, trading strategies, and investment opportunities.

      3. Registered with FinCEN for Regulatory Compliance:

      • Binance.US is registered with the Financial Crimes Enforcement Network (FinCEN), demonstrating a commitment to regulatory compliance. This oversight provides users with a sense of security, knowing that the exchange operates within established financial regulations.

      4. 24/7 Customer Support:

      • Users have access to round-the-clock customer support via email and live chat. This ensures prompt assistance whenever users encounter issues or have questions, contributing to a positive user experience.

      Cons:

      • Maximum Leverage Not Specified:

        • The platform does not specify the maximum leverage available. This lack of information may be a drawback for traders who prefer clarity on leverage options before engaging in trades.

        • 2. Limited Payment Options:

          • While Binance.US offers various payment methods for deposits and withdrawals, some users may find it inconvenient if their preferred method is not available. Users should check the available options before initiating transactions to avoid any inconvenience.

          Pros and cons

          Regulatory Authorities

          BINANCE US is regulated by the Nationwide Multistate Licensing System (NMLS) under the MTL License. The Regulation Number for this license is 1906829, and the License Name is also BAM Trading Services Inc. This regulatory oversight further reinforces the exchange's commitment to compliance.

          Regulatory Authorities

          It is worth noting that BINANCE US has also sought regulatory approval from the Monetary Authority of Singapore (MAS). The Company Registration Number for this regulatory agency is 201811768M, and the License Name is BINANCE ASIA SERVICES PTE. LTD. While the regulatory status is mentioned as “Exceeded,” further information is needed to determine the specifics of this status.

          Regulatory Authorities

          Security

          Binance US, with a superior uptime rate of 99.9% and a market-tested matching engine, offers its clients a reliable platform for trading with confidence. This robustness is also acknowledged by leading financial institutions globally, which rely on Binance US's sturdy APIs to access digital asset markets. Additionally, as one of the most licensed American crypto platforms, boasting 43 Money Transmitter Licenses, Binance US ensures strict compliance with international security standards. Regular audits of its platform and procedures further enhance its security positioning, making it a trustworthy and secure choice for crypto trading.

          Security

          Trading Market

          Binance.US offers a diverse range of trading assets to meet the needs of its users. These assets can be broadly categorized into the following types:

          Buy & Sell: Binance.US allows users to buy and sell a wide variety of cryptocurrencies using fiat currencies like USD, EUR, and GBP. The platform supports a diverse selection of crypto assets, including popular options like Bitcoin (BTC), Ethereum (ETH), and USDT, alongside emerging tokens.

          Convert: The Convert feature enables users to seamlessly exchange their cryptocurrencies for other supported assets within the platform. This feature offers a convenient way to diversify portfolios or adjust positions without the need to enter separate trades.

          Spot Trading: Spot trading involves buying and selling cryptocurrencies at the current market price. Binance.US offers spot trading for a wide range of cryptocurrencies, allowing users to execute trades directly on the platform's order book.

          OTC (Over-the-Counter) Trading: OTC trading provides a platform for large-volume transactions between buyers and sellers. This method is typically used for institutional investors or individuals seeking to execute trades with greater discretion and control over price discovery.

          Staking: Staking involves locking up cryptocurrency tokens to support the network's operation and earn rewards. Binance.US offers staking services for various cryptocurrencies, allowing users to generate passive income while contributing to the blockchain ecosystem.

          Pay: Binance.US enables users to make payments using cryptocurrencies at a growing number of merchants and service providers. This feature expands the utility of crypto assets and promotes their adoption in everyday transactions.

          Institutions: Binance.US provides tailored solutions and services for institutional investors, including customized custody solutions, advanced trading tools, and prime brokerage services.

          Crypto Domains: Binance.US offers a marketplace for buying and selling crypto domains, which are unique digital addresses on the blockchain. These domains can be used for websites, decentralized applications, and identity management.

          Binance.US's comprehensive suite of trading assets caters to a diverse range of users, from novice crypto enthusiasts to seasoned traders and institutional investors. The platform's focus on innovation, security, and customer support makes it a valuable resource for individuals seeking to engage with the dynamic world of cryptocurrencies and blockchain technology.

          Cryptocurrencies available

          BINANCE US offers a wide range of cryptocurrencies for trading, including popular ones like Bitcoin, Ethereum, Ripple, Litecoin, and Bitcoin Cash. The availability of these cryptocurrencies allows users to take advantage of different investment opportunities and trade based on their preferences.

          It is important to note that cryptocurrency prices are subject to fluctuations on exchanges due to various factors such as market demand and supply, global events, and regulatory changes. Prices can vary significantly between exchanges, potentially creating opportunities for arbitrage or differences in trading strategies based on price differentials.

          Cryptocurrencies available

          Services

          Beyond its extensive trading platform, Binance.US offers a variety of services to support traders of all levels and expand the utility of cryptocurrencies. These services include:

          Research: Binance.US features a dedicated research section, Binance Research, which publishes in-depth market analyses, reports, and insights to inform traders' decision-making.

          Staking: Binance.US enables users to earn passive income by staking their cryptocurrencies, supporting network operations and validating transactions. The platform offers a variety of staking options with varying rewards and lockup periods.

          Lending: Binance.US offers a lending service that allows users to lend their cryptocurrencies to borrowers, earning interest on their holdings. Borrowers can access liquidity without selling their assets, while lenders generate passive income.

          NFT Marketplace: Binance.US features an NFT marketplace where users can create, buy, sell, and trade non-fungible tokens (NFTs), representing unique digital assets like artwork, collectibles, and virtual items.

          Custody Solutions: Binance.US provides secure custody solutions for institutional investors, offering institutional-grade asset management and protection for their crypto holdings.

          Prime Brokerage Services: Binance.US offers prime brokerage services to institutional investors, providing access to advanced trading tools, financing options, and liquidity management solutions.

          These services demonstrate Binance.US's commitment to providing a comprehensive ecosystem for crypto enthusiasts and institutional investors, going beyond mere trading to foster education, research, passive income generation, NFT exploration, and secure asset management.

          Services

          BINANCE.US APP

          The Binance.US app is a mobile trading app that allows users to trade cryptocurrencies from anywhere in the world. With the Binance.US app, you can:

          • Buy and sell cryptocurrencies

          • Convert cryptocurrencies

          • Access spot trading

          • Stake cryptocurrencies to earn rewards

          • Make payments using crypto

          • Access educational resources

          • Stay up-to-date on market news and analysis

          To download the Binance.US app, simply visit the Binance.US website from your mobile device and click on the “Download App” button. The app is available for iOS and Android devices. Once the app is downloaded, open it and follow the on-screen instructions to create an account or log in to an existing account. The app is now ready to use and you can start trading cryptocurrencies from anywhere in the world.

          BINANCE.US APP

          How to open an account?

          The registration process of BINANCE US can be outlined as follows:

          1. Visit the BINANCE US website and click on the “Sign up” button.

          How to open an account?

          2. Provide your email address and create a strong password for your account.

          3. Agree to the terms of service and privacy policy.

          4. Complete the email verification process by clicking on the link sent to your email.

          5. Enter your personal information, including your name, date of birth, and residential address.

          6. Submit the required verification documents, such as a government-issued ID and proof of address, to verify your identity. Once your documents are approved, your account will be fully registered and ready for use.

          How to open an account?

          How to Buy Cryptos?

          Here's a step-by-step guide on how to buy cryptocurrency on Binance.US:

          • Log into your Binance.US Account:

            • Open your web browser or the Binance.US mobile app.

            • Enter your login credentials to access your Binance.US account.

            • 2. Access the Buy Crypto Section:

              • On the web, click the “Buy Crypto” button.

              • On the mobile app, tap the “Buy & Sell” button.

              3. Choose the Cryptocurrency:

              • From the drop-down menu, select the cryptocurrency you want to buy. Binance.US supports various cryptocurrencies.

              4. Enter Purchase Amount in USD:

              • Enter the amount in USD that you wish to spend on buying the selected cryptocurrency.

              5. Preview Your Purchase:

              • Click on the “Preview Purchase” button to review the details of your buy order.

              6. Review Pending Buy Order:

              • Take a moment to review the details of your pending buy order, including the amount of cryptocurrency you're purchasing and the total cost in USD.

              7. Confirm Purchase:

              • If everything looks correct and you are satisfied with the details, click on the “Confirm Purchase” button to complete the transaction.

              8. Transaction Confirmation:

              • After confirming the purchase, you should receive a confirmation message or notification indicating that your order has been successfully placed.

              Remember to double-check the details of your order before confirming the purchase, as cryptocurrency transactions are irreversible. Additionally, ensure that your account has sufficient funds to cover the purchase amount.

              How to Buy Cryptos?

              Fees

              The trading fees on BINANCE US are based on a tiered structure, where the fee percentage decreases as the trading volume increases. Users benefit from a fee structure that includes 0% fees on Tier 0 pairs and exceptionally low fees on other trading pairs, making it cost-effective for a wide range of users. The platform's unique approach ties trading fees to individual users' 30-day trading volumes, dynamically calculated on a rolling basis each day at 8 p.m. EDT.

              Fees

              Deposit & Withdrawal

              Binance.US offers a variety of payment methods to facilitate the deposit and withdrawal of funds. Users can choose from options such as bank transfers, wire transfers, debit cards, and other electronic payment methods. The platform provides flexibility to accommodate different user preferences, allowing for seamless transactions.

              Crypto deposits are free, though fees may apply when you withdraw crypto. Fees may apply to USD deposits or withdrawals depending on the payment method.

              The payment processing time for Binance.US deposits made using debit/credit cards is typically instant. This means that your funds will be available immediately to trade cryptocurrencies. The payment processing time for mobile payments is typically 1-3 days.

              Customer Support

              Binance.US provides robust customer support, ensuring users have prompt assistance. Their responsive support team addresses queries via email and live chat, prioritizing user concerns.

              Additionally, Binance.US maintains an active Twitter account (@binanceus) and Facebook page (BinanceUS) to engage with the community, disseminate updates, and address customer inquiries. These social media platforms serve as valuable channels for users to stay informed and seek assistance.

              Connect with them on Twitter: [Binance.US Twitter](https://www.twitter.com/binanceus) and Facebook: [Binance.US Facebook](https://www.facebook.com/BinanceUS/).

              Is BINANCE US a Good Exchange for You?

              Binance.US is the best exchange for users seeking a secure and reliable platform with a wide range of trading options and competitive fees. It is particularly well-suited for experienced traders who appreciate its advanced features and liquidity.

              When it comes to trading groups suitable for BINANCE US, there are a few key target groups that could benefit from utilizing the exchange. Here are some recommendations for these target groups:

              1. Cryptocurrency enthusiasts and experienced traders: BINANCE US offers a wide range of cryptocurrencies for trading, making it an attractive choice for cryptocurrency enthusiasts and experienced traders. These individuals can take advantage of the diverse selection of cryptocurrencies and explore different trading strategies based on their knowledge and experience.

              2. Traders looking for competitive fees: BINANCE US offers a competitive fee structure, especially for users with higher trading volumes. This makes it an appealing choice for traders who are conscious of trading fees and want to minimize their costs. However, it is advisable for traders to compare fee structures across different exchanges to determine the most suitable option for their trading preferences and needs.

              It is important to note that while these target groups can benefit from using BINANCE US, traders should always assess their own preferences, risk tolerance, and research requirements before choosing an exchange. Conducting thorough research and seeking professional advice can help individuals make informed decisions that align with their trading goals.

              Conclusion

              In conclusion, BINANCE US is a virtual currency exchange that offers a range of advantages for traders. It has a competitive fee structure, especially for users with higher trading volumes, and provides a user-friendly trading platform with fast access speed. BINANCE US also offers educational resources and tools to support users in improving their trading knowledge. Additionally, the exchange provides 24/7 customer support and supports multiple languages, ensuring a diverse user base can seek assistance effectively.

              However, it is important to note that user satisfaction can vary, and individuals should conduct their own research and consider their specific trading requirements and risk tolerance before choosing an exchange.

              FAQs

              Q: What cryptocurrencies are available on Binance.US?

              A1: Binance.US offers a diverse range of cryptocurrencies for trading, including popular ones like Bitcoin, Ethereum, Ripple, Litecoin, and Bitcoin Cash.

              Q: What deposit and withdrawal methods are available on BINANCE US?

              A: BINANCE US provides various deposit methods including cryptocurrency transfers and bank transfers through the ACH network.

              Q: How can I contact customer support on BINANCE US?

              A: BINANCE US customer support is available through Twitter(https://www.twitter.com/binanceus) and Facebook (https://www.facebook.com/BinanceUS/).

              Q: What are the trading fees on Binance.US?

              A: Binance.US employs a tiered fee structure, with 0% fees on Tier 0 pairs and low fees on other pairs.

              Q: What services does Binance.US provide beyond trading?

              A: Binance.US offering services such as research through Binance Research, staking for passive income, lending for interest earnings, an NFT marketplace, secure custody solutions, and prime brokerage services for institutional investors.

              User Review

              User 1:

              Binance.US is my go-to crypto exchange! The security here is top-notch; I sleep soundly knowing my assets are in safe hands. The interface is super user-friendly, making trades a breeze, and the range of available cryptocurrencies is impressive. Customer support is responsive; they helped me out in no time when I had an issue. Trading fees? Wallet-friendly, especially with BNB discounts. However, withdrawal speed can be a tad slow during peak times. Overall, it's my crypto home - reliable, diverse, and secure.

              User 2:

              Been using Binance.US for a while, and the regulatory compliance is a big plus. It adds that extra layer of trust. Interface-wise, it's clean and straightforward. Liquidity? No complaints; trades go through smoothly. The variety of cryptocurrencies is decent, though I wish they'd add more altcoins. Customer support, responsive but could be quicker. Trading fees are competitive, and the BNB discount is a nice touch. Privacy and data protection seem robust. Deposit and withdrawal speed - pretty standard. Overall, a solid exchange with room for a few tweaks, but I feel my investments are in good hands.

              Risk Warning

              Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information contained in this article is for general information purposes only.

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